Why Stablecoins Fail: Lessons From the Past
Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’ unravel? A Historical Review of Stablecoin De-Pegging Incidents There’s no doubt that these stablecoins […] Powered by...
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China. Russian Firms Explore […] Powered by...
Cryptoquant CEO Expects Crypto Market to Skyrocket With CZ’s Return — ‘Bullish Vibes Everywhere’
Cryptoquant’s chief executive has expressed optimism about the return of former Binance CEO Changpeng Zhao (CZ), believing it could lead to major market movements. “Bullish vibes everywhere,” he said, emphasizing that CZ “just needs to post ‘I’m back’ and the market will skyrocket.” Cryptoquant Founder Expects CZ’s Return to Spark Market Surge Ki Young Ju, […] Powered by...
Homebrew Transparency Portal Reveals Needlessly Blocked ‘Pirate’ Sites
Copyright holders and anti-piracy groups repeatedly argue that pirate site blocking is an effective and proportional measure. This message is highlighted more frequently now that the U.S. is seriously considering blocking measures again. Effective and Proportional? On the effectiveness-side, blocking proponents are helped by academic research, which concluded that blocking measures can be effective. The proportionality argument is...
Tesla’s Cybertruck Goes, Inevitably, to War
A handful of Tesla’s electric pickup trucks are armed and ready for battle in the hands of Chechen forces fighting in Ukraine as part of Russia’s ongoing invasion. Can the EV take the heat? Powered by WPeMatico
